2nd Session, 41st Legislature
This HTML version is provided for ease of use and is based on the bilingual version that was distributed in the Legislature after First Reading.
Bill 3
THE POOLED REGISTERED PENSION PLANS (MANITOBA) ACT
Section |
Table of Contents |
DEFINITIONS AND APPLICATION | |
1 | Definitions |
2 | Jurisdiction of employment |
3 | Application of this Act |
4(1) | Application of federal Act |
(2) | Substituted expressions |
(3) | Federal provisions that do not apply |
(4) | Reference to "this Act" in applied Act |
(5) | Reference to regulations |
SUPERINTENDENT | |
5(1) | Powers of superintendent |
(2) | Acting superintendent |
(3) | Delegation |
RECONSIDERATION, REVIEW, OBJECTIONS AND APPEALS | |
6(1) | |
(2) | |
7(1) | Appeal to commission |
(2) | Notice of appeal |
(3) | Rules of procedure |
(4) | Superintendent has standing |
(5) | Commission's response |
(6) | Notice of decision |
8(1) | Appeal to Court of Appeal |
(2) | Application for leave deadline |
(3) | Service of application and notice of appeal |
(4) | Standing of superintendent and commission |
(5) | Order on appeal |
(6) | Commission may make further decision |
(7) | Effective date of commission's decision |
JOINT LIFE ANNUITY | |
9(1) | Entitlement to joint life annuity |
(2) | Exceptions |
(3) | Minimum annuity payments for survivor |
(4) | Waiver of joint life annuity |
(5) | Revoking waiver |
WITHDRAWAL OF FUNDS | |
10(1) | Right to withdraw funds — disability |
(2) | Consent required |
(3) | Funds payable on a division |
11 | Right to withdraw funds — small PRPP account balance |
PROTECTION OF FUNDS | |
12(1) | Protection of PRPP funds |
(2) | Exception — division on breakdown of relationship |
DIVISION ON BREAKDOWN OF | |
RELATIONSHIP | |
13(1) | Division on breakdown of relationship |
(2) | Division to be made in accordance with regulations |
(3) | Recipient's funds to remain locked in |
14(1) | Application for order to divide PRPP funds |
(2) | Application deadline |
(3) | Court order |
15(1) | Agreement not to divide PRPP funds |
(2) | Waiver of entitlement after member's death |
DEATH OF MEMBER | |
16(1) | Entitlement of designated beneficiary |
(2) | Waiver of survivor entitlement |
(3) | Revocation of waiver |
GENERAL PROVISIONS | |
17 | Offence — court may order compliance |
18 | Protection from liability |
19(1) | Regulations |
(2) | Incorporation by reference |
(3) | Adoption of standard, code or rule |
CONSEQUENTIAL AND RELATED AMENDMENTS | |
20 | C.C.S.M. c. F20 amended |
21(1) | C.C.S.M. c. F25 amended |
(2) | |
(3) | |
(4) | |
22(1) | C.C.S.M. c. G20 amended |
(2) | |
(3) | |
(4) | |
(5) | |
(6) | |
(3) | Credit or funds bound when order served |
(7) | |
(8) | |
(4.1) | Entitlement to funds in PRPP account |
(9) | |
(10) | |
(11) | |
(12) | |
(8) | Payment within 90 days |
(13) | |
(9) | Garnishment available despite other Act or plan provision |
(14) | |
(15) | |
(16) | |
(17) | |
(18) | |
(19) | |
(20) | |
23 | C.C.S.M. c. M225 amended |
24 | C.C.S.M. c. P32 amended |
25(1) | C.C.S.M. c. P250 amended |
(2) | |
(3) | |
C.C.S.M. REFERENCE AND COMING INTO FORCE | |
26 | C.C.S.M. reference |
27 | Coming into force |